In 2023, Germany leads with 59.91 thousand employees in the fluid power equipment sector, followed by Italy at 21.22 thousand. Notable year-on-year increases occurred in Sweden (11.65%) and Poland (6.91%), while France and the United Kingdom experienced declines. Over the last five years, Poland shows strong growth, while Lithuania and Serbia witnessed declines. The future outlook suggests a shift in workforce dynamics, with Eastern European countries likely gaining prominence due to lower labor costs and growing manufacturing capabilities. Increased automation and technological advancements also pose significant impacts on employment across the sector.
Top countries in Fluid Power Equipment Number of Persons Employed by Country
| # | 10 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 59,910 | 2023 | +7.98% | +2.74% | View data |
| 2 | 2 Italy | 21,220 | 2023 | +2.87% | +4.64% | View data |
| 3 | 3 Bulgaria | 6,800 | 2023 | +5.71% | +3.4% | View data |
| 4 | 4 Sweden | 6,550 | 2023 | +8.12% | +11.65% | View data |
| 5 | 5 Poland | 6,350 | 2023 | +4.42% | +6.91% | View data |
| 6 | 6 United Kingdom | 6,050 | 2023 | -1.24% | -0.78% | View data |
| 7 | 7 Czech Republic | 4,890 | 2023 | +1.08% | +0.53% | View data |
| 8 | 8 France | 4,230 | 2023 | -6.02% | -6.29% | View data |
| 9 | 9 Hungary | 3,080 | 2023 | +4.03% | +4.24% | View data |
| 10 | 10 Spain | 3,030 | 2023 | +2.61% | +1.84% | View data |
